by Elise Vine | Nov 17, 2021 | Blog
Should you be worried about your house value going up or down? No, not really. If you already own a house the value only matters if you are looking to sell it or to borrow more money for things like renovations, holidays, to get a new car or other debt consolidation....
by Elise Vine | Nov 10, 2021 | Blog
I missed a payment, so what? Day to day living is expensive! Sometimes there doesn’t seem to be enough coming in to cover the outgoings. Inflation is beginning to kick in and the cost of your weekly grocery bill is increasing. There may have been no increase in your...
by Elise Vine | Nov 3, 2021 | Blog
What does it take to service a loan? So, you are thinking about getting a loan and you know the banks are going to want all sorts of information and documents. What do they do with it? The documents that the lenders request are proof of the story that you tell them...
by Elise Vine | Oct 27, 2021 | Blog
What does the bank need to know to give me a loan? EVERYTHING!! Lenders are bound by many external rules and their own policies. Partly this is to protect the customer (you) and partly this is to ensure that they don’t lose money! Lenders need to make a profit to...
by Elise Vine | Oct 13, 2021 | Blog
Refix At the end of a fixed rate period for a loan, you have the choice to refix at whatever interest rate the Lender offers. This can be negotiated with your Financial Adviser. If you do not refix your loan it will automatically go on to the Floating Rate. You can...
by Elise Vine | Oct 7, 2021 | Blog
Over the last 18 months or so we have been enjoying an extended period of low inflation and super low interest rates. Property prices have been going crazy, and it’s never been cheaper to borrow money. Fine if you’re already in the market, but pretty hard going if you...
